u/Chancho300

Looking for some advice here. 30M who worked on a trading desk in banking the past 4 years. Got made redundant and can't help but it feel personal. Perhaps it was, perhaps it wasn't. Either way, I was looking to depart so in some cases it was a blessing in disguise due to nice package + redundancy insurance.

Either way, that role was not for me and I am now looking to pivot into fintech sales.

Any advice for anyone who's been made redundant in IB ? How did you bounce back ? I hated the role so I am at peace with it but can't help its knocked my confidence a little.

Thanks all

As the title goes, has anyone here pivoted from banking into fintech sales ? Background: 30M, since graduating spent last 9-10 years in a sales and trading based role in an IB. Want to pivot into a fintech role where I'm predominantly doing business dev/ selling.

Appreciate the money is no where near as good (unless commission is healthy and im good) but I'll find it much more enjoyable.

Looking to see if anyone has done the pivot or at least one of a similar move. Thanks

Has anybody out of interest had prolonged paternity leave ie 12 months or delayed a new job so that they can enjoy life with new born?

Weird one but want people’s views. M30 and currently have around £200k in my SIPP. I’m getting to the point now where my opportunity cost is all over the place in terms of work and life balance.

Wife is pregnant with first child. We are comfortable and I have an aim of mine to try & aggressively grow my pension 10-20% yearly now until I’m 60 so a good 30 years. Cumulatively for 30 years this comes to a nice number if I can ofcourse achieve these returns. This year I’m already up 25% albeit an unusual year given the AI buildout where I’m heavily invested in.

But anyway coming back to my point here - I’m getting to the point now in my life where I want more life balance. Career has been banking/trading and I genuinely think what is the point of sacrificing a good life balance now when I feel confident I can grow a nice pension pot and live comfortably and probably a lower salary now and have more hours with my wife & new born. I despise the corporate machine particularly in banking.

Does anyone think like this? Feel the same

Got about £150k in my ISA too & I’d like to think I can grow this nicely too via investing